Artificial Intelligence

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The growing divide between surface-level AI adoption and meaningful impact across safety-critical industries

Artificial intelligence has rapidly moved from experimentation to mainstream business adoption. Around 78% of organizations reported using AI in 2025, reflecting how quickly the technology has become embedded across business operations. Yet, only 25% of organizations said most of their AI initiatives achieved their expected return on investment, highlighting a growing gap between adoption and measurable impact. Against that […]

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Healthcare’s $97bn staffing problem just won an AI training startup a $55M round

America’s hospitals are spending around $97bn a year renting staff they cannot train fast enough. Stepful thinks AI can fix the supply side, and investors have just handed it $55mn to try. The New York startup has raised a Series C led by healthcare-and-fintech investor Oak HC/FT, with new backers Foresite Capital, Hearst Ventures, and […]

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The UK just collected billions in AI pledges on day one of London Tech Week

London Tech Week opened the way these events increasingly do: with a leaderboard of investment pledges. By the end of the first morning, the UK had collected several billion pounds in AI commitments, most of it aimed at the unglamorous machinery of compute. Prime Minister Keir Starmer kicked off the keynotes with a new national […]

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Google orders chips from Intel and Nvidia is testing its tech, as TSMC’s grip on AI starts to strain

For years, the AI boom has run through a handful of factory floors in Taiwan. That dependence is starting to look risky enough that even Nvidia and Google are shopping for a backup, and the unlikely name on the list is Intel. Google has placed an order with Intel to manufacture more than three million […]

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Amazon’s billion-dollar Corning deal shows fibre is the new bottleneck in the AI build-out

The AI boom runs on chips and electricity. It also runs on glass. Amazon is paying Corning billions of dollars for optical fibre to wire up its rapidly expanding US data centres, the two companies said on Monday. The multi-year agreement will create about 1,000 jobs at Corning’s North Carolina factories, though neither side disclosed […]

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Britain’s Cosine rallies BT, HSBC, and BAE to build a “sovereign” AI model and cut its reliance on US tech

Britain’s banks, telecoms, and weapons-makers have a new shared anxiety: that the AI they increasingly run on is built, owned, and controlled in the United States. A startup barely three years old is betting they will pay to fix it. Cosine, a UK frontier-AI lab, has assembled a coalition of blue-chip British institutions to co-design […]

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Britain’s Cosine rallies BT, HSBC, and BAE to build a “sovereign” AI model and cut its reliance on US tech Read More »

Nvidia and Hyundai go deeper on robotics, with Boston Dynamics’ Atlas at the centre

The lobby of Hyundai’s Seoul headquarters now waters its own plants. On Monday it was also handling security and deliveries, a row of robots laid on for one important visitor: Jensen Huang. Nvidia’s chief executive was in the South Korean capital to deepen the chipmaker’s alliance with Hyundai Motor Group, and the pitch on display […]

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PhysicsX hits $2.4bn valuation as Temasek leads $300m round for the AI startup that cuts simulation times from days to seconds

London-based PhysicsX has raised $300 million in a Series C round led by Singaporean sovereign wealth fund Temasek, more than doubling its valuation to $2.4 billion, less than a year after its Series B priced the company at just under $1 billion. The round was oversubscribed. Alongside Temasek, which first invested in PhysicsX during its […]

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The lawsuits that could give AI its Big Tobacco moment are already here

In the 1990s, almost every US state sued the tobacco industry. The resulting settlements cost hundreds of billions of dollars and transformed how cigarettes were marketed, sold, and regulated. Senator Ed Markey said in March that Big Tech’s Big Tobacco moment has arrived. He was talking about social media. But the legal machinery he described is […]

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JPMorgan poaches Nomura’s international AI strategy chief as Dimon doubles down on AI hiring

JPMorgan Chase is hiring Nomura Holdings’ international head of artificial intelligence strategy, according to Bloomberg, as the largest US bank by assets accelerates its recruitment of AI specialists. Singapore-based Tahir Zafar, who joined Nomura in late 2023 and was promoted to his current role in March 2025, is expected to start around July after completing […]

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